Antrix Corporation
 |
|
| Public Sector Undertaking | |
| Industry | |
| Founded | 28 September 1992 |
| Headquarters | Antariksh Bhavan Campus, Near New BEL Road, Bangalore, Karnataka, India |
|
Key people
|
Rakesh Sasibhushan (CMD) |
| Services |
|
| Revenue |
 ₹18.61 billion (US$280 million) (2014–15) |
|
₹3.25 billion (US$48 million) (2014–15) |
|
| Profit |
₹2.05 billion (US$30 million) (2014–15) |
| Total assets |
₹29.93 billion (US$440 million) (2014–15) |
| Total equity |
₹29.93 billion (US$440 million) (2014–15) |
| Owner | Government of India |
| Parent | Department of Space |
| Website | antrix |
Antrix Corporation Limited is the commercial arm of the Indian Space Research Organisation (ISRO).
Its objective is to promote the ISRO's products, services and technologies. It was incorporated as a private limited company owned by the Indian government on 28 September 1992. The company is a Public Sector Undertaking (PSU), wholly owned by the Government of India. It is administered by the Department of Space (DoS).
It had dealings with EADS Astrium, Intelsat, Avanti Group, WorldSpace, Inmarsat, and other space institutions in Europe, Middle East and South East Asia.
It was awarded 'Miniratna' status by the government in 2008 and achieved a turnover of Rs. 18 billion in 2014–15.
On 29 January 2014, Antrix Corporation Limited (Antrix), the commercial arm of Indian Space Research Organization (ISRO), signed Launch Services Agreement with DMC International Imaging (DMCii), the wholly owned subsidiary of Surrey Satellite Technology Limited (SSTL), United Kingdom (UK), for launch of three DMC-3 Earth Observation Satellites being built by SSTL, on-board ISRO’s Polar Satellite Launch Vehicle (PSLV). On 5 February 2014, Antrix signed another Launch Services Agreement with ST Electronics (Satcom & Sensor Systems) Pte Ltd, Singapore, for launch of TeLEOS-1 Earth Observation Satellite, on-board PSLV. These launches are planned during end 2014 to end 2015. On 29 September 2014, Canada announced that it has decided to give the contract of the July 2015 launch of its M3M (Maritime Monitoring and Messaging Micro-Satellite) communications satellite to Antrix during the inauguration of the International Astronautical Congress at Toronto.During the year, eight PSLV launch services agreements were signed for launching 16 international customer satellites as co-passengers. These are with Skybos Imaging Inc, USA; DLR, Germany; COMDEV, Canada, University of Toronto, Institute of Aerospace Studies, Canada, COSMOS International Germany; Space Fight Inc., USA and Algerian Space Agency.
With these the company had signed agreements for launching 33 satellites.
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